Newly Established Home Furnishing Shop Seeking Loan in Dubai, United Arab Emirates
Dubai business that sells home interior decoration items to B2B and B2C customers seeks loan.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 330 thousand |
| Run Rate Sales | USD 330 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Home Furnishing Shops |
| Locations | Dubai |
| Local Time | 7:34 AM Asia / Dubai |
| Listed By | Advisor / Business Broker |
| Status | Active |
Seeking Loan
USD
270 thousand
for
20.0%
annual interest,
5
years
(Native Currency: AED 1,000,000)
Reason: We have entered online retail business (amazon & noon) in a big way. The funds will be used to procu...
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Collateral Available: USD 27 thousand
Includes physical assets worth
USD
13.6 thousand
Interested to connect with advisors
Business Overview
- Products are purchased from 5 manufacturers.
- We sell wholesale to B2B customers and also directly to individual customers.
- Sell to 10 companies in Dubai.
- Also have an Ecommerce website through which we sell directly to individual customers.
- Majority of our revenue comes from B2B sales.
- Business was started late last year, hence business did not generate any revenue for the previous year.
- Sale would include entire business and physical assets.
- We sell wholesale to B2B customers and also directly to individual customers.
- Sell to 10 companies in Dubai.
- Also have an Ecommerce website through which we sell directly to individual customers.
- Majority of our revenue comes from B2B sales.
- Business was started late last year, hence business did not generate any revenue for the previous year.
- Sale would include entire business and physical assets.
Products & Services Overview
All home interior decoration items sold in wholesale and retail through Ecommerce website. Products such as - clocks, candles, frames, pots, wooden décor among many other items.
Assets Overview
Vehicle - Mitsibushi Fuso, stock and complete office setup.
Facilities Overview
Have a rented facility on the ground floor with parking and easy access for loading and unloading.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysHotel Manager, Hotels, Sharjah, Individual Investor / Buyer connected with the Business
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